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  • 11 Posts
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Joined 3 years ago
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Cake day: March 14th, 2023

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  • There are and still will be tariffs (like section 232 steel and softwood lumber)… but I think that it’s understood that he can no longer declare his hurt feelings as an emergency, and levy blanket tariffs on a country in response to anything he doesn’t like. The incompetent scraps left in his administration have to put together an explanation on what specifically is tariffed and why Congress had authorized it. It’s his choice to keep screaming “tariff” but those threats are emptier than ever.

    Edit: See? His first “escalation threat” is a global tariff not really directed at anyone (aside from the USA)


  • While there are other ways Trump can still put in tariffs (Section 232 tariffs on steel and lumber stuff are still in place for example)…

    This will put an end to Trump throwing around tariffs willy-nilly to get his way. Well, of course he still can threaten tariffs but those threats will be emptier than they’ve ever been.

    Edit: See? His first escalation threat is a 10% tax on Americans for any import whatsoever. Not really directed at any country but their own.




  • Steve Burke (of GN) described the absurdity pretty well, within the context of the currently uncertain Nvidia and OpenAI deal:

    Nvidia offered OpenAI $100B in investment, money that it didn’t have, as long as OpenAI gave that money back to Nvidia to lease GPUs that haven’t been made, to then put in data centres that haven’t been constructed, which will be powered by electricity that hasn’t come online, to then rent to users who haven’t subscribed, to provide them features that haven’t come to fruition.